by Gavin M.
At this point I know you have scoured the internet and social media for ideas on Twitter. You have the FOMO (Fear of Missing Out) and you don't want to be left behind just in case TWTR is the next big thing. Twitter is a company that has not been doing anything new since the day of its IPO. It continues to tell the market that it will stay the course in the hopes of a possible turnaround in profits at some point.
I could bore you with a ton of arguments for and against Twitter. The best one at this point is the fact that no one understands its way of doing business. Better yet, it is a good takeover play and might take off anytime. These two reasons are compelling enough for any desperate tech investor out there to buy the stock.
There is no doubt Twitter's stock price has come down from lofty heights in recent months. IF you are still on the sidelines thinking about buying TWTR stock, just ask yourself this, "If you were to decide between FB and TWTR, which one would you be willing to buy hand over fist?"
Investing or trading involves guts and some luck. In the end, if you don't make a decision and pull the trigger, you'll never know if you could've made money.
Disclosure: I have ZERO positions in TWTR.
Traders from Equity Sense will be writing on this blog on positions and other market-related things.